Allianz and Dresdner plan to use Dresdner's main mutual-fund brand, DIT, as their retail flagship in the intensely competitive asset-management business in Europe, said Joachim Faber, chief executive of Allianz Dresdner Asset Management.

Mr. Faber also intends to put Allianz's U.S. subsidiary, Pimco Advisors, in charge of global bond investing for the newly merged group.